Germans severely overestimate rate of inflation, survey shows

NAMPA / DPA

2025-02-12

Cologne (dpa) - German residents believe inflation to be much higher than the official rate, a study found on Wednesday. A survey carried out by the German Economic Institute in December said two-thirds of consumers believe food prices rose "sharply" in the past year. Figures from the Federal Statistical Office show that food prices were actually up by an average of just 1.9% in 2024. "Prices rose sharply in 2023, but not in 2024. In the perce......

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Economy

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